The Price of Gold March 2010
According to Cookson’s gold website, the price of gold has had a fairly steady month so far, with a high of £24.29 per gram on Wednesday 3rd March and a low of £23.50 per gram on Friday 12th March, bringing the average for the month so far to £23.91 per gram.
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Raise Cash Selling Your Old Gold Jewellery
Nowadays, many people are selling things to find more cash to pay the bills. There is always some cost that you forgot to allow for, like a school trip, the road tax on your car falling due or the central heating boiler breaking down. When these things happen to you, you may start thinking of selling a few things you have to raise a little money.
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Collect Gold Coins for a Gold Investment
A great way to save and make a good profit in this uncertain climate today with nearly zero interest rates, is to collect gold coins as the price of gold is always going up. In the last 5 years gold has shot up in price from approximately £230 at the beginning of 2005 to nearly £740 per ounce today. That’s an increase of over 200% for a 5 year investment, which I am sure you will struggle to find in any investment interest account.
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Scrap Gold
Most people have some old, out of fashion or broken pieces of gold jewellery stashed away somewhere. These can be chains, odd earrings, pendants, bracelets, charms or gold watches that no longer work. When you find this old gold lying around in the bottom of a drawer, you may think that nobody could possibly want it. In fact, no matter how worn or broken, gold will always have value.